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🚀 Ethereum (ETH) Breaks Above $3,000 — Confidence Returns to the Market!



According to Gate News Bot and CoinMarketCap latest market data, Ethereum has surged +3.12% in the past 24 hours, currently trading around $3,041.97, hitting a high of $3,057.79 with a strong 24h volume of $21.447B.
The market cap has climbed to $367.152B, increasing by $11.108B since yesterday — keeping ETH solid at Rank #2 among global crypto assets.

🔥 Recent ETH Highlights You Should Not Miss

🔹 1. Vitalik Donates 256 ETH for Privacy-Tech Development
Ethereum co-founder Vitalik Buterin donated 128 ETH each to SimpleXChat and Session App, supporting encrypted communication and privacy-focused tech.
This signals a powerful direction — privacy & decentralization remain top priority for Ethereum’s future.

🔹 2. Targeted Expansion Strategy Discussed
Vitalik also highlighted that Ethereum may scale with more precision — including a proposal to increase block gas limit ×5, while raising cost for low-efficiency operations.
This could boost network performance, optimize fees, and reshape transaction activity in the long term.

🔹 3. Ethereum ETF Flow Turns Volatile
ETF inflows show mixed sentiment:
• +33,185 ETH net inflow in 24h (~$96.57M)
• −415 ETH net outflow across 7 days
Short-term appetite is rising — but medium-term outlook remains divided.

📈 Market View & Technical Zone

After reclaiming $3,000, Ethereum is currently moving in a healthy consolidation range.
In the short term, price may fluctuate within $2,900 — $3,100, with key support levels to watch:

🟢 Support: $2,850 → $2,900
🔴 Resistance: $3,000 → $3,100

Momentum stays bullish as long as ETH holds above the $2,900 zone.
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Chartkingvip
· 11-29 00:48
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